FMR is "semper fidelis" (ever faithful) to its core business. The financial services conglomerate, better known as Fidelity Investments, is the world's #1 mutual fund company. Serving more than 19 million individual and institutional clients, Fidelity manages approximately 360 funds and has more than $1 trillion of assets under management. It also operates a leading online discount brokerage and has investor centers in about 100 cities throughout the US and Canada, as well in Europe and Asia. The founding Johnson family controls most of FMR; Abigail Johnson, CEO Ned's daughter and likely heir apparent, is the largest single shareholder with about 25%.
EPG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held